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Day: April 27, 2016

Macau government hopes its first 5-Year Plan will become ‘joint action agenda’

Macau government hopes its first 5-Year Plan will become ‘joint action agenda’

Think tank head Lao Pun Lap said he hoped the government’s first ever Five-Year Development Plan will become a “joint action agenda” for the government and the community at large, adding that the government would adopt “more open, transparent and interactive” ways to collect public opinion on the plan. Lao, who heads the government’s Policy Research […]
Island hospital delayed to after 2019

Island hospital delayed to after 2019

Macau’s first five-year draft plan says the Island Hospital will only be ready after 2019, at least three years behind schedule. Last December, Secretary for Social Affairs and Culture Alexis Tam went to the Legislative Assembly and pledged to have the city’s second public hospital ready by 2019. A few months later, the government has […]
European Union says Macau governance needs to be ‘modernised’

European Union says Macau governance needs to be ‘modernised’

The 28-nation European Union (EU) says in its annual Macau report that “the functioning of the government needs to be modernised and made more efficient.” The European Commission also says in its Annual Report 2015 that “the EU encourages the Macau authorities to consider ways to promote greater public involvement in the election of the […]
BNU recorded a MOP 510 million net income in 2015

BNU recorded a MOP 510 million net income in 2015

Banco National Ultramarino, S.A. (BNU) recorded a net income of MOP 510.3 million (USS63.88 million) in 2015, up 15.1 per cent from MOP 443.3 million in 2014, according to a press release issued on Tuesday by the bank. The financial results also indicate that in 2015 BNU registered a 21.6 per cent increase in credit […]